Hammerson (LON:HMSO) Rating Reaffirmed
Deutsche Bank now has a GBX 775.00 PT on shares of Hammerson (LON:HMSO). The PT would now indicate a potential upside of 29.06% from the last stock close of Hammerson (LON:HMSO). This rating was unveiled in a recent report on 7 December.
From a total of 19 analysts covering Hammerson (LON:HMSO) stock, 14 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 70% of the ratings are positive. The highest target price is GBX 825 while the lowest target price is GBX 584. The mean of all analyst targets is GBX 728.68 with a 20.79% above today’s (GBX 601.46) stock price. Hammerson was the topic of 37 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 7 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 730 target share price in a report from a November 17. Liberum Capital maintained HMSO stock in a recent report from December 1 with “Buy” rating. Canaccord Genuity maintained the rating on October 21. Canaccord Genuity has a “Buy” rating and a GBX 766 price target on shares. Finally, Jefferies maintained the stock with “Underperform” rating in a report issued on a November 23.
The stock decreased 0.09% or GBX 0.54 on December 4, striking GBX 601.46. Approximately shares of stock traded hands. Hammerson plc (LON:HMSO) has declined 10.68% since May 8, 2015 and is downtrending. It has underperformed by 9.60% the S&P500.
Hammerson plc is a United Kingdom-based real estate investment trust . The company has a market cap of 4.72 billion GBP. The Company, through its subsidiaries, is engaged in property investment and development, investment holding or management. It has 6.94 P/E ratio. The Firm is an owner, manager and developer of retail destinations in Europe with a portfolio of around ï¿½7.7 billion with investments in 22 prime shopping centers, 22 convenient retail parks and investments in 15 European outlet villages.